Pure Moderation

DECEMBER 15, 2022

from 2022 to 2030. Much of the drivers of the business process outsourcing industry’s economic success has to do with organisations putting a primer on improving efficiency, lowering operational costs, and becoming more scalable and agile. Below are some BPO trends to keep an eye out for in the next coming years.

Business Process Outsourcing 98

Business Process Outsourcing Outsourcing BPO Out-Tasking 98

IBM Business Partners

JUNE 22, 2023

Labor arbitrage, or outsourcing labor to the lowest-cost workforce, has been the central strategy associated with business process outsourcing (BPO) for years. It often meant sourcing customer support, information technology and other office operations from countries with lower costs of labor.

Business Process Outsourcing 79

Business Process Outsourcing Automation Outsourcing BPO 79

Magellan Solutions

AUGUST 19, 2021

For instance, JP Morgan Chase plans to roll out a neo-bank this year, code-named ‘Dynamo’. Artificial intelligence and technological advancements will render better management of banking services executed at lower operational costs. A millennial-geared service headquartered in London, it has already created 400 jobs in the UK.

Banking 52

Banking Retail BPO Finance 52

Vilmate

JULY 27, 2023

billion by 2030, compared to a mere $6.30 It also facilitates remote troubleshooting, reducing the need for field trips and minimizing operating costs. It allows employees to gain hands-on experience and practice operating complex equipment or systems in a secure virtual environment. billion in 2021. Data integration.

Manufacturing 52

Manufacturing Healthcare Design Supply Chain Management 52